Board Change

Premier Management Holdings PLC
22 January 2003



For immediate release on 22 January 2003
Premier Management Holdings plc (the 'Company')

Board changes

The Company announces that Stuart Lucas has today tendered his resignation as
the Company's non-executive Chairman.  Mr Lucas has been the Company's Chairman
since it was admitted to AIM in March 2000.  Prior to this he spent 21 years
working in Capital Markets, predominantly with US and Japanese investment banks
and has resigned in order to spend more time on business interests in this area
and will therefore not be able to spend the time on the Company's affairs that
the position of chairman requires.

Barry Gold, who is presently Joint Managing Director and will become Executive
Chairman with immediate effect, said today:

'Stuart has made a valuable contribution over the past three years, which have
seen many changes to the Premier Management group.  Due to recent adverse
changes in both the football market and the Stock Market our requirement for
Stuart's skills has changed.  We intend to maintain Stuart's contact with
Premier by engaging him as a consultant from time to time on specific projects
where his knowledge and experience will be invaluable to the group.  We would
all like to wish him every success with his proposed return to mainstream City
business.'


Further enquiries:

Barry Gold (Chairman) - 020 7456 0490


ENDS

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